DEED: Launch Minnesota Awards Nearly $583,000 to 21 Innovative Startups
13 Sep 2024
News
The Minnesota Department of Employment and Economic Development (DEED) announced $552,820 in Launch Minnesota Business Operation Innovation Grants to 21 Minnesota startups that have created innovative technology solutions; 76% of the grantees are startups led by entrepreneurs of color, veterans, women or persons with disabilities or are located in Greater Minnesota.
Launch Minnesota is a statewide collaborative effort spearheaded by DEED to support startups and grow Minnesota's innovation ecosystem. It awards Innovation grants of up to $35,000 to promising, innovative and scalable technology businesses to use toward operational costs such as research and development, direct business expenses and technical assistance.
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